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35 Karma

Review on Ripio Credit Network by Roseline Patrick

Revainrating 4 out of 5

Ripio Credit Network approves secured lending and borrowing.

RCN is an open-source worldwide credit network that interfaces moneylenders, borrowers and originators on the blockchain to make frictionless, straightforward and borderless advance business sectors. Nonetheless, the RCN Credit Marketplace is an exclusive Decentralized Application (dApp) that permits users to get to the RCN protocol and associate with its highlights. By consolidating computerized loaning and acquiring apparatuses with all the straightforwardness and security of the blockchain, the RCN Credit Marketplace empowers banks to loan Decentralized Finance (DeFi) and Centralized Finance (CeFi) advances, get Peer-To-Peer (P2P) advances and oversee everything in one spot.



What's more, RCN is an initiative that portrays itself as an open-source blockchain that is effectively usable on the ethereum network whereby different or basically any user is permitted to collaterised,refund, move and take advances for a most extreme sum and reimburse at a specified time period. This platform is all around secured and recorded on the uniswap trade market for users who wish to purchase or sell this token.

Pros
  • It allows users to lend and borrow currency with reliability.
  • It is safe and reliable platform.
  • It is compatible with wide varieties of loan types.
  • It provides a secured Market (Uniswap,v2) for users to buy and sell ripio credit.
Cons
  • There's none for this review.